At a Glance
- Tasks: Manage and adjust financial claims while providing top-notch client service.
- Company: Join Convex, a forward-thinking insurer focused on innovation and efficiency.
- Benefits: Enjoy competitive salary, generous leave, health insurance, and learning opportunities.
- Other info: Dynamic work environment with excellent career growth and development prospects.
- Why this job: Make a real impact in the insurance industry with cutting-edge technology.
- Qualifications: Experience in financial lines claims and strong communication skills required.
The predicted salary is between 60000 - 70000 £ per year.
Focusing on providing excellent client service, the Convex Claims team directly impacts our mission of becoming the market’s favourite insurer. As such we are building increasingly efficient processes, making use of relevant technology.
This is a leading-edge, forward-thinking claims adjusting role and will assume responsibility for claims handling activities and claims management relating to Financial Lines claims (D&O, FI, PI and W&I) arising from business written by Convex Group. This role is outcome-driven, and one which combines technical adjusting, account management, commercial and relationship management skills – underpinned by your experience in fast-paced, technology-enriched environments. You will report directly to the Senior Financial Lines Claims Adjuster responsible for Professional Indemnity Claims and be a key part of the Convex Claims team.
Key Tasks- Claims management from first notification of loss to final settlement including coverage analysis; investigation; evaluation; reserving and resolution in accordance with established guidelines, service standards, and regulations.
- Actively manage claims to achieve the best indemnity outcomes.
- Operate in alignment to Convex claims key performance indicators, governance frameworks, Convex claims procedures and processes.
- Review claims movements and act as an advisor to the business about potential exposures.
- Manage TPA and Coverholder relationships, in conjunction with the Claims Operations team.
- Take responsibility for data gathering and sharing industry or event knowledge with relevant colleagues.
- Contribute to the attraction and retention of business through service excellence.
- Ensure great loss outcomes and reserve accuracy through direct intervention on large loss events where required, and identification of loss trends which may impact ranking, reserves or risk selection.
- Build and sustain relationships with insurance underwriters, brokers and clients and work collaboratively together in addition to liaising with actuaries and data teams internally on loss related matters.
- Contribute to the preparation of local claims reports and claims updates to the Board as required.
- Be prepared to participate in wider claims strategic initiatives or committees within the organisation.
- Understand that our purpose enables us to deliver the best claims service experience to clients and meet all regulatory requirements.
- Be an advocate for client service as a brand differentiator and demonstrate behaviour that aligns to the Convex core values.
- Robust Financial Lines Claims experience within a fast‑paced environment and focus on service excellence.
- Articulate and well‑rounded communicator at all levels of seniority.
- Excellent negotiation and diplomacy skills.
- A high degree of problem‑solving capability.
- Detail oriented with analytical mindset.
- Work at speed given complex and difficult technical situations, with well‑developed prioritisation skills.
- Flexible and adaptable to change, able to contribute in an entrepreneurial environment.
- Prior experience of undertaking client claims reviews and audit activities.
- Worked in an environment where innovation is balanced with pragmatism and speed of execution.
- Strong learning and curious mindset with an appetite to deliver continuous improvement.
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance
- Medical Cover
- Group Income Protection
- Life Assurance Cover
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
Claims Adjuster, Financial Lines employer: Convex Insurance
At Convex, we pride ourselves on being a forward-thinking employer that values innovation and client service excellence. Our London-based Claims Adjuster role offers a dynamic work environment with ample opportunities for professional growth, supported by a comprehensive benefits package including competitive salary, generous leave, and a strong focus on employee wellbeing. Join us to be part of a collaborative team that is dedicated to delivering outstanding claims management while fostering a culture of continuous improvement and personal development.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Adjuster, Financial Lines
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out as someone who genuinely cares about being part of their team.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience and how it relates to the role of Claims Adjuster. Highlight your problem-solving skills and ability to work in fast-paced environments – that’s what they’re looking for!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining our team.
We think you need these skills to ace Claims Adjuster, Financial Lines
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your Financial Lines claims experience and any relevant technology use to show us you’re a great fit for the role.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you’re passionate about claims adjusting and how you can contribute to our mission of excellent client service. Be specific about your achievements and how they align with our values.
Showcase Your Communication Skills:Since this role involves building relationships, make sure your application demonstrates your communication prowess. Use clear, concise language and provide examples of how you've effectively communicated in past roles.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process.
How to prepare for a job interview at Convex Insurance
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of Financial Lines claims, especially D&O, FI, PI, and W&I. Be ready to discuss specific cases you've handled and how you achieved positive outcomes. This shows you're not just familiar with the terms but can apply your expertise in real-world scenarios.
✨Showcase Your Client Service Skills
Since client service is a big deal for this role, prepare examples that highlight your ability to manage relationships and deliver excellent service. Think about times when you went above and beyond for a client or resolved a tricky situation effectively.
✨Demonstrate Your Problem-Solving Ability
Be prepared to tackle hypothetical scenarios during the interview. They might ask how you'd handle a complex claim or a difficult client. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your analytical mindset.
✨Embrace Technology and Innovation
Since the role involves working in a technology-enriched environment, be ready to discuss any relevant tech tools or software you've used in claims management. Highlight your adaptability and willingness to learn new systems, as this will resonate well with their forward-thinking approach.